100% Financing for Land Acquisition of Arco Branded Gas Station
- Acquisition Price
- $2,270,000
- Property Type
- Gas Station
- Area
- Southern California
- Purpose
- Acquisition
- Brand
- Arco
First Financial Capital successfully financed the land acquisition for an Arco branded gas station, covering a 20,972 SF lot at a $2,270,000 purchase price, financed at 100%.
The borrower already operated the site, having acquired the business with FFC financing three months ago. From the start, the plan was to finance the business first and the land second. The borrower had already negotiated the land purchase with the oil company before even closing on the business, so this deal was set up well in advance.
Strategized from day 1.
